Whirlpool of India Limited has published a newspaper advertisement under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in Financial Express (All Editions) and Loksatta (Pune Edition), pertaining to its postal ballot notice seeking shareholder approval for the re-designation of Mr. Arvind Uppal (DIN: 00104992) from Non-Executive Independent Director to Non-Executive Non-Independent Director, with effect from 6th May, 2026. The postal ballot notice dated 13th May, 2026 has been dispatched in electronic form to members whose email addresses are registered with the Company's Registrar and Transfer Agent or Depository Participants as on the cut-off date of Friday, 10th May, 2026. The notice is available on the Company's website at www.whirlpoolindia.com , as well as on the websites of BSE Limited, National Stock Exchange of India Limited, and NSDL.

Background and Rationale for Re-designation

Mr. Arvind Uppal was appointed as an Independent Director of the Company with effect from 17th August, 2021, and has been on the Board since 2005. The explanatory statement notes that the Company is in a transitionary phase following the reduction of Whirlpool Corporation's shareholding through Whirlpool Mauritius Limited from a majority position, with Whirlpool Corporation currently holding 39.76% shareholding. In this context, the Company has constituted a Strategic Overview Committee to support the Board and management in addressing governance matters.

Given Mr. Uppal's extensive leadership experience of over 36 years and deep familiarity with the Whirlpool business and ecosystem, the Board noted that his envisaged role going forward includes closer involvement in matters requiring interaction with the single largest shareholder. Based on the recommendation of the Nomination and Remuneration Committee, the Board at its meeting held on 6th May, 2026, approved — subject to member approval — the re-designation of Mr. Uppal from Non-Executive Independent Director to Non-Executive Non-Independent Director, whose office shall be liable to retire by rotation.

Profile of Mr. Arvind Uppal

The following key details regarding Mr. Arvind Uppal are provided in the annexure to the postal ballot notice:

*Remuneration as per last audited financial statements i.e. FY 2024-25, includes sitting fees and commission.

Mr. Uppal holds directorships in several other companies, including Gulf Oil Lubricants India Limited, Eureka Forbes Limited, Amber Enterprises Limited, IL JIN Electronics (India) Private Limited, Life Style International Private Limited, Tuscan Ventures Private Limited, One Degree Turn (OPC) Private Limited, and Tirex Transmission Private Limited.

E-Voting Details and Process

The Company has engaged National Securities Depositories Limited (NSDL) to provide the remote e-voting facility. The key timelines for the postal ballot are as follows:

Voting rights of members will be in proportion to their shareholding in the paid-up equity share capital of the Company as on the cut-off date. The resolution, if passed by the requisite majority, will be deemed to have been passed on 12th June, 2026. The scrutinizer's report and voting results will be announced within 2 working days from the conclusion of e-voting and will be made available on the Company's website, as well as on the websites of NSE, BSE, and NSDL.

Board Committees — Whirlpool of India Limited

As part of his role, Mr. Uppal is a member of the following Board committees at Whirlpool of India Limited:

• Nomination and Remuneration Committee
• Stakeholder Relationship Committee
• Corporate Social Responsibility Committee
• Risk Management Committee
• Strategic Overview Committee

The postal ballot notice has been signed by Sweta Srivastava, Company Secretary & Compliance Officer (Membership No. ACS 27095). Members who have not updated their email address with the Company or RTA are requested to update their email address — those holding shares in dematerialised form may do so through their respective Depository Participants, while those holding shares in physical form may send duly filled Form ISR-1 to MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), Embassy 247, 1st Floor, Plot No. C-101, LBS Marg, Vikhroli (West), Mumbai - 400 083.

Whirlpool of India Limited has announced that its postal ballot seeking shareholder approval for the re-designation of Mr. Anil Berera as Non-Executive Independent Director has failed to secure the requisite majority. The special resolution, conducted through remote e-voting, concluded on 28th March 2026 with insufficient support from shareholders.

Postal Ballot Results and Voting Breakdown

The company's communication to stock exchanges revealed that despite receiving majority support, the resolution failed to meet the special resolution threshold requirements. The detailed voting results demonstrate significant institutional investor opposition to the proposal.

Institutional Opposition and Governance Concerns

The voting pattern revealed strong opposition from institutional investors, with public institutions voting 73.55% against the resolution. This opposition aligned with earlier recommendations from proxy advisory firms Institutional Investor Advisory Services India Limited (IIAS) and Stakeholders Empowerment Services (SES), who had advised shareholders to vote against the re-designation.

The company had previously addressed proxy advisory concerns through comprehensive clarifications dated 24th March 2026, defending the proposed re-designation and asserting full compliance with statutory requirements under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI Listing Regulations.

Director Profile and Current Status

Regulatory Process and Scrutinizer Report

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, with M/s Akash Gupta & Associates serving as the appointed scrutinizer. The remote e-voting period remained open from 26th February 2026 to 27th March 2026, with the cut-off date for determining voting entitlement set as 20th February 2026.

Consequently, Mr. Anil Berera continues his tenure on the Board in his existing capacity as a Non-Executive Non-Independent Director. The company maintains five Independent Directors on its Board, ensuring compliance with regulatory requirements for board composition and governance oversight.